Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka - 2022
Contents:
- Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka (CIF) - 2022
- Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka
Price for Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka (CIF) - 2022
In 2022, the average import price for clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds amounted to $10 per unit, picking up by 164% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 376% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10 per unit), while the price for Hong Kong SAR amounted to $2.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka
In 2022, the amount of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds imported into Sri Lanka skyrocketed to 413 units, growing by 256% against the previous year. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clocks; with watch movements, excluding instrument panel clocks, battery or accumulator powereds soared to $4.3K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.0 | 37.0 | 90.0 | 4,188 | 314.0% |
| United Kingdom | 443 | 115 | 21.0 | 23.0 | -62.7% |
| Hong Kong SAR | 13.0 | 15.0 | 46.0 | 23.0 | 20.9% |
| China | 15.0 | 6.0 | 10.0 | N/A | -18.4% |
| India | 42.0 | 15.0 | 16.0 | N/A | -38.3% |
| United Arab Emirates | 119 | 18.0 | 110 | N/A | -3.9% |
| Others | 62.0 | 43.0 | 162 | 39.0 | -14.3% |
| Total | 753 | 249 | 455 | 4,273 | 78.4% |
Top Suppliers of Clocks; with Watch Movements, Excluding Instrument Panel Clocks, Battery or Accumulator Powered to Sri Lanka in 2022:
- United States (401.0 units)
- Hong Kong SAR (9.0 units)
- United Kingdom (2.0 units)
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